Slide 1: FY26 Results Presentation
FY26 Results Presentation 21 AUGUST 2026
Slide 2: Disclaimer
Disclaimer This document has been prepared by LGI Limited ACN 138 085 551 (LGI or the Company) to provide summary No reliance Forward looking statements information about the Company and its associated entities. This document is issued on a confidential basis The information contained in this docume
Slide 3: Contents
People engineering a clean energy, zero carbon future Contents 1 Results Highlights 2 Financial Performance 3 Operational Performance 4 Projects and Strategy Update 5 Electricity Market Dynamics 6 Outlook 7 Appendix WWW.LGI.COM.AU 3
Slide 4: Who is LGI?
Who is LGI? BIOGAS FLARE BIOGAS POWER GENERATION Australia’s leading vertically integrated RECOVERY AND FCAS³ landfill biogas, carbon abatement, and flexible energy provider BIOGAS POWER NATIONAL STATION ELECTRICITY Founded in 2009 (as Landfill Gas Industries Pty BATTERY GRID (NEM) LANDFILL Ltd), LG
Slide 5: Highlights
CLEAN ENERGY & CARBON ABATEMENT FY26 RESULTS Highlights
Slide 6: FY26 Highlights
FY26 Highlights New high watermark for all key operating metrics, strong EBITDA and NPAT growth Operational excellence Growth in fleet portfolio Results summary • Biogas recovery of 170.2 million cubic meters, up • In the 12 months to June, 3 additional sites • 35% premium on realised electricity pr
Slide 7: Historical Earnings and Margin
Historical Earnings and Margin Increase in all profit metrics and margins in FY26 Net Revenue ($M) Underlying EBITDA ($M), Margin (%) Underlying EBIT ($M), Margin (%) 25.0 55% 56% 14.0 35% 54% 12.0 35% 39.8 20.0 12.9 51% 21.8 34% 52% 10.0 10.9 33.9 34% 30.4 30.9 15.0 17.4 9.8 9.9 50% 8.0 33% 14.4 15
Slide 8: Footprint
Footprint Growing portfolio with 3 new sites in FY26 and additionally 2 ACCU projects from existing portfolio Contracted Contracted Generators Carbon Biogas Site Under Generators Carbon Biogas Site Under Sites on Site Battery Site Flare Construction 37 Sites on Site Battery Site Flare Construction Q
Slide 9: Earnings Drivers
Earnings Drivers LGI has expanded EBITDA significantly since listing, Noting that, LGI has delivered EBITDA growth in periods notwithstanding underlying commodity price where average key commodity prices have declined¹ movements 1 Commodity prices achieved by LGI in FY26 Electricity $97.28 (+35% vs
Slide 10: Financial Performance
FY26 RESULTS Financial Performance
Slide 11: Revenue
Revenue Revenue contribution growing across multiple sources Total net revenue +17% versus FY25 Net Revenue by source1 Revenue (#039;000) FY26 FY25 % Change 5% Electricity (including hedge position and FCAS) 13,701 13,221 4% 14% 7% Renewable Large Generation Certificates (LGCs) 5,383 3,854 40% 34% 11%
Slide 12: Profitability and Return
Profitability and Return Increased Revenue & EBITDA #039;000 FY26 FY25 % Change Statutory Revenue and Other Income (excl. Interest Income) 43,311 36,789 18% LGI’s net revenue1 increased 17% pcp from increased volume of all key commodities, Net revenue1 39,842 33,940 17% MWhs, LGCs and ACCUs. Statutory
Slide 13: Generation – Electricity and LGCs
Generation – Electricity and LGCs Underlying growth in MWhs Generation segment 1 FY26 FY25 % Change Actual & forward electricity prices ($/MWh)3 4 Operation Metrics 100 90 Biogas Flows (M3m)2 116.6 88.8 +31% 80 MWhs Generated 140,841 109,119 +29% 70 60 LGCs Created 140,988 107,402 +31% 50 Profitabil
Slide 14: Carbon Abatement – ACCUs
Carbon Abatement – ACCUs Ongoing ACCU volume and price growth Carbon Abatement segment 1 FY26 FY25 % Change Actual & forward ACCU prices ($) 2 45 Operation Metrics 40 Biogas Flows (m3m) 1 127 102 +24% 35 30 ACCUs Created 584,191 493,446 +18% 25 Profitability 20 15 ACCU revenue 22,189 17,288 +28% 10
Slide 15: Infrastructure Construction & Landfill Management
Infrastructure Construction & Landfill Management LGI as a trusted infrastructure partner Infrastructure construction & Landfill Gas Management FY26 FY25 % Change Profitability In FY26, LGI prioritised installing new sites and works on existing sites where we generation Infrastructure Construction r
Slide 16: Balance Sheet
Balance Sheet Strong Balance Sheet positions LGI for asset expansion Balance Sheet (#039;000) 30-Jun-26 30-Jun-25 Assets Cash 8,113 3,357 Cash position increase following capital raise in Trade Receivables 825 1,610 October 2025. Capex in FY26 has been funded ACCU Environmental Certificates 20,245 12,0
Slide 17: Cash flow
Cash flow Operating cashflow positive while growth investment continues Cash Flow (#039;000) FY26 FY25 % Change Statutory and Underlying EBITDA 21,799 17,366 26% LGI continues to be operating cash flow positive, even while building out the capex Statutory and Underlying Operating Cash Flow 8,454 12,319
Slide 18: Capex – investing in growth
Capex – investing in growth FY26 project capex in line with expectations to support build-out underpinning future growth Sustaining capex is required to maintain assets and equipment; and other asset purchases. Capital expenditure ($M) Pipework installation includes drilling wells, pipe laid back to
Slide 19: Operational Performance
FY26 RESULTS Operational Performance
Slide 20: Biogas Recovery
Biogas Recovery LGI continues to "chase the gas", ensuring maximum practical gas flow is achieved at each site Recovered Biogas (million cubic meters) A new LGI record achieved for biogas recovery 14% CAGR since listing in FY22 in FY26, 170.2 million cubic meters up 33% pcp. 170.2 To support additio
Slide 21: Energy Generation
Energy Generation Growth in generation reflects Generator availability (% of period) high levels of availability and increased capacity 98% 97% 97% 97% LGI generated 140.8 GWhs in FY26 a 29% increase pcp. 96% LGI continues to focus on availability, along 95% with improvements to its proprietary oper
Slide 22: Carbon Credits
Carbon Credits LGI increased biogas recovery across existing and new sites, achieving a step-up in ACCU ACCUs Created creation volume 10% CAGR since listing in FY22 LGI created 584,191 ACCUs in FY26 a 18% increase pcp. 584,191 LGI’s team prioritised work between sites that offer higher ACCU creation
Slide 23: Projects & Strategy
FY26 RESULTS Projects & Strategy
Slide 24: Eight Carbon Abatement Projects Commenced
Eight Carbon Abatement Projects Commenced New landfill gas collection systems and flares commissioned with revenue commencing in FY26 Commissioned sites reported at the half year Sites commissioned since January 2026 Existing sites with new carbon abatement Warwick, QLD Mackay, QLD Belrose, NSW New
Slide 25: Strategic Growth Projects
Strategic Growth Projects Capacity expansion at Canberra, Belrose, Nowra and Toowoomba Batteries at Belrose, NSW Expansion at Toowoomba, QLD 12MW / 24MWh stand alone battery project. Existing 1MW power station, with growing biogas Construction started early FY27, all major equipment resource to supp
Slide 26: Electricity Market Dynamics
FY26 RESULTS Electricity Market Dynamics
Slide 27: Electricity Market Observations
Electricity Market Observations Qld AEMO spot price - 25% to 75 % percentile points with spread trendline FY26 average time of day electricity wholesale price - Qld 250 and NSW 250.00 200 200.00 150 $/MWhs 150.00 100 100.00 50 50.00 0 - 0:05 0:50 1:35 2:20 3:05 3:50 4:35 5:20 6:05 6:50 7:35 8:20 9:0
Slide 28: LGI Electricity Market Optimisation
LGI Electricity Market Optimisation Commodity exposure is actively managed via operational decisions, DACS, hedging, power purchase agreements and batteries Generation, price certainty and percentage covered 160,000 100% Operational excellence percentage of generation with price certainty 140,000 90
Slide 29: Electricity Market Dynamics
Electricity Market Dynamics Electricity transition still has multi year run-way, with changes to supply and demand Coal continues to be the dominant source of Coal useful life is near end and scheduled At current electricity prices, new generation 1 generation, making up more than half of all genera
Slide 30: Outlook
LG/ CLEAN ENERGY & CARBON ABATEMENT FY26 RESULTS Outlook
Slide 31: Outlook
Outlook Operational and Strategic growth continued focus LGI’s achieved and forecast operational volumes LGI’s strategic organic project pipeline to 80+ MW capacity Chasing biogas to produce greater ACCUs into the future will be core to LGI’s operational focus 800 20 81 700 ACCUs ('000) and CAGR 600
Slide 32: Appendix
LG CLEAN ENERGY & CARBON ABATEMENT FY26 RESULTS Appendix
Slide 33: Board
Board VIK BANSAL ADAM BLOOMER ABIGAIL CHEADLE ANDREW PETERS DR. JESSICA NORTH TIMOTHY MCGAVIN Non-Executive Managing Director Non-Executive Director Non-Executive Director Executive Director Non-Executive Director Chair and Founder and Audit & Risk and Chief and Chair of Committee Chair Sustainabili
Slide 34: LGI Value Proposition
LGI Value Proposition LGI strives to deliver value with its vertically integrated business model in a number of key areas at the intersection of the waste, electricity and carbon sectors End-to-end Diversified Vertically Innovation and Solution Revenue Streams Integrated Technical Ingenuity Highly c
Slide 35: LGI LIMITED ASX:LGI
LGI LIMITED ASX:LGI 57 Harvey Street North Eagle Farm 4009 QLD 07 3711 2225 Investor.relations@lgi.com.au sam@nwrcommunications.com.au www.lgi.com.au ABN 49 138 085 551